Now apartments and townhouses sprawl out on blocks near University Parks Drive and Webster Avenue. Rutherford speaks with pride and confidence in the units, saying, “We will be offering the best residences for rent in the city, considering the finishes, the amenities, the large windows, which are breathtaking. Each unit will have a magnificent view.
“Unlike other companies, we don’t have a target market. We’re not aiming for a piece. We’re open to the whole community, although people will have to qualify,” Rutherford said. “We will have a mix of ages: young professionals, seniors, small families, divorced families. That’s what makes us strong. We expect high demand. We are optimistic about demand. That’s why we are. the.”
He said Catalyst was not yet ready to disclose rental rates.
“There will be a price range that offers flexibility. The needs of a young professional are different from those of a senior, who may need more amenities,” said Rutherford. “There will be three-story townhouses facing a park, with underground garages. It’s phenomenal. There will be one- and two-bedroom studios. main yard. We’re going to hit a lot of buttons. “
Parking is not a driver of development, but it is a convenience that users are very fond of, he said. The golden rule is one parking space per room, “but we will have a lot more than that”. He described a scenario with various parking options in the mixed-use development. It will include on-street, elevated, surface, public, hotel-exclusive, private, reserved and non-reserved parking lots.